TAIWAN moves into wave iii of 3 and opens up to more upside!

The TAIWAN market index(TWSE) is spotted moving up in wave iii of wave 3 structure.
The last impulse in the index(wave i of wave 3) was seen during the months of Nov-dec and then came a subsequent correction of the same that retraced 38.2% of the rise.
Now that the corrective wave ii is done, the index has started the rise again in wave iii.
Wave iii of 3 can be projected moving towards the 19-19.1K zone.
Wave 3 itself however, could be projected going much higher into the 20.2K-20.5K zone.
The last impulse in the index(wave i of wave 3) was seen during the months of Nov-dec and then came a subsequent correction of the same that retraced 38.2% of the rise.
Now that the corrective wave ii is done, the index has started the rise again in wave iii.
Wave iii of 3 can be projected moving towards the 19-19.1K zone.
Wave 3 itself however, could be projected going much higher into the 20.2K-20.5K zone.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.